Global Car Parking System Market Growth 2019-2024

A car parking system is a mechanical device that multiplies parking capacity inside a parking lot. Parking systems are generally powered by electric motors or hydraulic pumps that move vehicles into a storage position.
Asia-Pacific is expected to be the largest market for Car Parking System during the forecast period. The Car Parking System market in this region is primarily driven by the growing vehicle population, especially from China, India and other Southeast Asian countries, and huge investments in construction in this region.

According to this study, over the next five years the Car Parking System market will register a 4.4% CAGR in terms of revenue, the global market size will reach US$ 3110 million by 2024, from US$ 2390 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Car Parking System business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Car Parking System market by product type, application, key manufacturers and key regions and countries.

This study considers the Car Parking System value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Mechanical Systems
Semi-Automated Systems
Automated Systems
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Office Building
Mall
Residential
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
IHI
TADA
Xinhuayuan
Klaus Multiparking
Unitronics
LÖDIGE
Tianchen Intelligen
Westfalia
MHE Demag
Rainbow
Sampu Stereo Garage
STOPA Anlagenbau
FATA Automation
Park Plus

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Car Parking System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Car Parking System market by identifying its various subsegments.
Focuses on the key global Car Parking System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Car Parking System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Car Parking System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.